Patrick Cimerola - 27 May 2021 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Emanuel Strauss, attorney in fact
Issuer symbol
CHH
Transactions as of
27 May 2021
Net transactions value
-$326,579
Form type
4
Filing time
28 May 2021, 11:11:15 UTC
Previous filing
17 May 2021
Next filing
19 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $331,177 +5,474 +23% $60.50 29,691 27 May 2021 Direct F1
transaction CHH Common Stock Sale $657,756 -5,474 -18% $120.16 24,217 27 May 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHH Employee Stock Option Options Exercise $0 -5,474 -96% $0.000000 208 27 May 2021 Common Stock 5,474 $60.50 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions are made pursuant to a 10b-1 plan.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $120.00 to $120.59, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Options vested in four equal annual installments beginning on the first anniversary of the February 24, 2017 grant date.